Question

which of the following statements is true of business collection of sales tax for those doing business in the united states?
business owners are responsible for paying taxes, and laws about sales tax are subject to change
sales taxes are required for all businesses, even non - profit organizations
sales tax is automatically included in the price of the goods or services
businesses dont have to pay sales taxes until the business is profitable
if the business owner is a good person, then he or she does not have to pay taxes on the business proceeds
why is it important for business owners to have an understanding of the types of insurance, tax, and contracts they are responsible for managing?
it is important to effectively communicate with the team of experts about the business
it is important to protect the business from potential lawsuits
it is important to hire the right professionals to help manage different aspects of the business
it is important to make sure the assembled team of experts is effectively doing the jobs they were hired to do
all of these

Explanation:

1. For the first question about sales - tax collection in the US: Business owners are responsible for paying taxes, and tax laws including sales - tax are subject to change. Non - profit organizations may be exempt from sales tax in some cases, sales tax is not always automatically included in the price, businesses are responsible for sales tax regardless of profitability, and personal status does not exempt business owners from paying taxes on business proceeds.
2. For the second question about business owners understanding insurance, tax, and contracts: Understanding these helps in effective communication with experts, protecting the business from lawsuits, hiring the right professionals, and ensuring the team is effective.

Answer:

1. Business owners are responsible for paying taxes, and laws about sales tax are subject to change
2. All of these